Dinar drops by 0.1 pct, exchange rate at RSD 122.9087

25-May-2016 09:21 BELGRADE - The dinar dropped by 0.1 percent against the euro on Wednesday, making the official medium exchange rate RSD 122.9087, the National Bank of Serbia (NBS) said in a statement.

The national currency remained steady against the eurozone currency compared to a month ago, dropping by 1.9 percent compared to a year ago. The dinar has dropped by 1 percent since the beginning of the year.

The dinar-to-dollar indicative exchange rate dropped by 0.6 percent to RSD 110.1629.

The dinar dropped by 0.8 percent against the US currency compared to a month ago and by 0.4 percent compared to a year ago, rising by 1.0 percent since the beginning of the year.

The NBS has sold a total of EUR 725 million and purchased EUR 20 million on the interbank foreign exchange market since the beginning of the year to curb daily exchange rate fluctuations.    

Tanjug photo (illustration)